In my opinion the Government has to do just two thing: give security to people (police force) and an adequate legal system. All the other things can be done by the private sector and even the two things mentioned before can be done by private companies. I am not Keynesian. I don't believe in the government intervention. I believe that politicians have their own agenda and it is not helping people but to be elected.
Economic issues in general are the issue.
I hope this explains your question.
A decline in a country's Gross Domestic Product is interpreted as a reduction in the capacity of the domestic industry to manufacture and/or market goods and products or their ability to sell their production stocks, which in turn is a sign of income losses for many major manufacturing and producing companies in the country. A prediction in the the short term is that many workers and employees' will be laid off, and both these and the people still holding a job will cut down on their usual expenses and this will further worsen the decline in the GDP as consumers will spend less and large stocks of goods and products will remain unsold worsening the financial health of more and more companies. Overall, the domestic economy will get into a <u>recession</u> cycle.
A. ConflictConflict theory<span> views social life as a competition and focuses on the distribution of resources, power, and the resulting inequality. </span>Conflict theorists<span> view society as an arena of inequality that generates social </span>conflict<span> and social change. </span>
<span>It holds that, because of competition for limited resources, social order is maintained by domination and power</span>